Two-Unit Commercial
For Sale
$499,900
5401 Cordova Street, Anchorage, AK 99518
Commercial Sale, Anchorage, AK
Property Size2,000 SF
Price / SF$249.95
Days on Market102
Property Features for 5401 Cordova Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I1 - Light Industrial
Subdivision
1A - Anchorage Municipality
Standard status
Active
APN
0092423500101
Size
2,000 SF
Taxes and HOA fees
Tax Description
Spruce Heights #4 L3 B1 Airport Plaza
Legal Description
Spruce Heights #4 L3 B1 Airport Plaza
Building Details
Floors in Building
1
Listing Agency:
EXP Realty, LLC
(907) 519-0095
Listed By:
Peter Carpenter · License #110384
(907) 854-8404
Added: Jun 29
Changed: Oct 6
Last Checked: Oct 8 at 2:06AM
MLS# 26-7896
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,000-square-foot property consists of two adjoining commercial condominium units in an end building, positioned to be seen from the main road and plaza entrance. The property is zoned I1 - Light Industrial, and both units are leased month to month; the current tenants want to stay.
The association handles water, sewer, refuse, exterior maintenance, grounds, and reserves. Recent roof replacements are reflected in the association dues.
The association handles water, sewer, refuse, exterior maintenance, grounds, and reserves. Recent roof replacements are reflected in the association dues.
Key Highlights
- Two side‑by‑side commercial condominium units in an end building
- 2,000 square feet; zoned I1 - Light Industrial
- Both units are leased month to month, with tenants wanting to stay
Property Analytics
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Current Use
Location Intelligence
Demographics for 99518, AK
9,861
Population
4,568
Households
2.2
Avg Household Size
36
Median Age
32%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
2,595
Density / Sq Mi
$91,077
Median Household Income
$49,761
Median Earnings
$1,661
Median Rent
$297,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Both units are occupied under month-to-month leases, with tenants interested in remaining.
Where is this specialty property located?
The property is located at 5401 Cordova Street Anchorage, AK.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two side‑by‑side commercial condominium units in an end building; 2,000 square feet; zoned I1 - Light Industrial; Both units are leased month to month, with tenants wanting to stay
